This is correct.
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Oil is up almost 4% today, wiping out all of "Biden's" gains in the past month.
Question is, why do /you/ hate Americans. It's clear you do, everything you post demonizes your own country and government, while you praise the efforts of foreign dictators and autocrats. A real American would be celebrating lower oil prices helping everyday Americans. Not pissing his pants on behalf of Saudi princes.
So Seran is simultaneously saying Biden is responsible for oil prices going down, but he can't be responsible for oil prices going up.
What a clown.
I'm just here to echo what I said when prices of oil/gas went up, the president doesn't control the gas prices. Still. Whether it's $1 or $5/gallon.
Domestic and foreign policies absolutely influence the cost of goods and services. Every business owner and individual uses speculation to plan for the future.
When you're telegraphing policy like this:
https://www.youtube.com/watch?v=5vpP-B5JaM4
It sends a clear message that you can't risk investing in more taco stands.
It really isn't that complex. When you pass policies that make it more difficult to harvest natural resources, the cost of those resources will go up in cost.
When you decide to pass foreign policy that restricts the flow of natural resources, the cost of those resources go up.
Quote:
Keystone pipeline officially canceled after Biden revokes key permit
https://www.gifcen.com/wp-content/up...rop-gif-19.gifQuote:
Today, President Biden will sign an Executive Order (E.O.) to ban the import of Russian oil, liquefied natural gas, and coal to the United States.
Let's see, the Keystone Pipeline would ship foreign oil into the United States by adding capacity to a line that's already under capacity. Impact on domestic US oil production? Nil.
The executive order placing an embargo on foreign Russian energy sources, again, nil impact on domestic oil production.
Try harder.
I don't have too use Hitler, I don't care anymore. This shitbag, Seran, and his ilk don't deserve any more effort. He and others have called those of us who are conservative everything in the book so he can fuck right off. Biden got up, delivered the type, pattern and imaging of a speech that Joseph Goebbels would have been proud of. Seran and his kind have spent 6 years getting people fired, attacked, their businesses burned, killed and labeling us as enemies of democracy and the state. Every day, I get to watch the Leftist media calling for a civil war. I get to see stories of Leftist on social media accusing anyone that dares question the current administration of being fascists and racists and so on. Fuck'em. They are a cult of fascist ideologues with a leader that is going lock step down the road of a Hitler wannabe.
I would have rather had someone other than Trump. However, that being said, his policies where the most conservative in the past 20+ years and the country flourished in every imaginable way.
Conservative tolerance has let these Leftist shit bags take over schools, media, courts, government agencies and so on. They have been the most intolerant, vile, violent and destructive force in this country since their existence. It's time to kick them to the curb, cancel them and let them rot in the social and economic decay they have wrought on the world.
This is my prayer, I wish every one of these Leftist cultists would get to live under the full weight of the fruition of all their policy desires. Unfortunately, others would have to suffer along with them.
“Social media made folks way too comfortable with disrespecting people and not getting punched in the face for it” - Mike Tyson.
Until this fascist cult backs the fuck off, most of America is done turning the other cheek and is done with compromise.
Oil opened down almost $2 from Monday's closed market trading session and sits at $86.99. Nice!
Gas:
2020:
What was the average US gas price in 2020?
$2.17 per gallon
U.S. regular retail gasoline prices averaged $2.17 per gallon (gal) in 2020, 44 cents/gal (17%) lower than in 2019 and the lowest annual average since 2016.
2022:
5.299 to 4.009
4.008 to 3.822
3.821 to 3.654
3.653 to 3.425
3.424 to 3.252
https://gasprices.aaa.com/
Yup... seems to be going well. Democrats - create a problem, never fully solve it, then expect people to be happy for the shitty conditions - that aren't as bad as they initially made them, but are still worse than before they got control of shit. Amazing logic.
You're right, we definitely should punish the oil and gas companies for illegal profiteering during a national emergency. What do you recommend? FTC order to separate production and refining? Criminal proceedings? Nationalization like almost every other country in the world?
Democrats when gas goes from 2 dollars a gallon to over 5 dollars a gallon under Biden: The president doesn't control the price of gas!!!!
Democrats when gas is at 4 dollars a gallon: Biden is the best president ever!!!
Maybe that's why the US took over the world as fast as it did? The Government's power curtailed, allowing citizens to be entrepreneurs?
But you know... let's bring back socialism, communism, fascism, and totalitarianism... I'm sure it will work out with this much more "educated" populous.
Oil prices are down 3% this morning down almost under $84 a barrel. I can see prices staying under $80 shortly and continuing to decrease further. Winners: United States Economy.
He's got 1000+ posts going on about how US oil prices are up because of Trump and oil companies, down because of Biden and draining our national reserves and selling oil to the Chinese and that Biden can't affect world oil prices but Trump did and Putin did. The absolute troll on Seran is through the roof. That, or he is 100% going through some life crisis and full on cognitive failure. He doesn't even agree with himself a third of the time.
Just stop responding to him. He's a troll. All he's doing is trolling.
https://www.nytimes.com/2022/09/05/b...s-meeting.html
Opec is cutting production by 100,000 barrels per day starting next month.
Seran in a few minutes "Fuck those US oil companies! They are just so greedy!"
Speaking of cuts, oil prices which started the day off up almost 3% saw another big sell off and oil closed at $82.63, up less than a dollar following yesterday's EIA report showing surprising inventory builds. The clear evidence of demand destruction continues!
Oil prices are up almost 1% today. Thanks, Biden! Seran now admits you get credit!
An underage kid generally can't or won't be charged for statutory rape. Some states have laws that make exceptions for 17 year old vs anyone 13 or under. If it was forced against will, that is a different story. But Beavis and Butthead are supposed to be 15 according to mike judge.
That being said, an underaged kid could be charged with child pornography, even if he/she was sending out pictures of themselves.
The irony being Donald Trump has expressed unnatural interests in minors and his daughter multiple times and yet you're implying it's Biden either the or the issues.
https://youtu.be/yRAPLodRnd4
There was a Twitter thing where someone postulated that what if Corn Pop wasn't a bad dude, what if he was just trying to protect the kids at the pool from a pedo creeper?
On one hand we have Trump making disgusting comments about a little girl in an interview, while on the other we have something you pulled from 4chan or what someone wrote in a diary they stole. Yeah, making shit up is the literal best you can do.
Saying something is an action.
Implying that Biden creepily leaning in to whisper to someone in a photo-op is creepy, but that's it. Trump looking at a little girl an announcing he'd want to date her, a minor, is fucking disgusting. His saying he would date his daughter would be incest, which is illegal.
Oil is up almost 3% so far today. Thanks, Biden!
Incorrect, I said this President hasn't done anything to cause an increase in oil prices. He's done plenty to try and lower prices and that's been posted about significantly. I know pages and pages of arguments and information posted doesn't matter because you're a troll, but you should leave the conversations to the adults.
Seran when Biden is busy closing down oil pipelines, threatening oil companies, and putting a moratorium on new oil leases on federal land: The president has no control over the price of gas!!!
Seran anytime gas prices fall by a penny or more: Biden's genius moves are lowering the cost of oil!
Seran whenever oil prices go up since he has now admitted the president can indeed influence the price of gas: But Biden hasn't done anything in the past 48 hours to affect the most recent rise of gas prices!
Seran is a clown and a joke. Everyone should just laugh at him and move on.
When prices are down, it's all because of Biden, and anytime they're up, it's because of Trump/Putin/oil companies/republicans/Fox News/Dreaven/etc., yet here you are trying to tell normal people that you're the "adult" in the room.
https://thumbs.gfycat.com/AbandonedA...restricted.gif
This is one of 4837204923 reasons why you'll always be the retard champion.
Remember when you blamed palm oil prices in Indonesia on big oil companies in the US? Good times.
See, I didn't think you had anything either, thanks for confirming it! A smart person would have seen OPEC cuts or Russia announcing it'd fully restrict European deliveries as the reason the price went up this week, rather than blame a President whose done nothing that would cause the price to increase.
Remember when Seran was touting the DJIA price a couple months ago..
Price of Dow Jones IA when President Biden was sworn into office: 31,188.38
Dow Jones IA today: 31,104.97
I'm sure Seran will be around any second now, telling us it's Trump's fault somehow.
Remember when Seran created that thread about oil prices shooting up when there was never an actual deficit of oil, only oil traders and companies trading up the price through massive speculation until the President stepped in, released tons of SPR oil, announced investigations and soothed the country about oil supplies and it self 35%? Yeah that.
https://finance.yahoo.com/news/biden...212325051.html
Lefties and finance summed up right in this article...
"Biden May Buy Oil Just Below $80; Democrats Stymied Trump at $24"
https://www.yahoo.com/news/white-hou...172417284.html
"‘The American People Won’: Biden Celebrates ‘Inflation Reduction Act’ as Market Plummets over August Inflation News"
"President Joe Biden celebrated the passage of the “Inflation Reduction Act” by hosting an event at the White House Tuesday, the same day the Bureau of Labor Statistics released a report showing inflation had continued to rise in August, causing markets to plummet."
You can't make this shit up... and the morons just lap it up...
You are sounding dumber than Karine Jean-Pierre at this point.. and that's pretty hard to do.
Let's take a look at this inflation rate "is going down":
Starting Jan 2021:
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Ave 2022 7.5 7.9 8.5 8.3 8.6 9.1 8.5 8.3 Avail.
Oct.
132021 1.4 1.7 2.6 4.2 5.0 5.4 5.4 5.3 5.4 6.2 6.8 7.0 4.7
In before Seran shows that it was 9.1 in June and is now down to 8.3 in August.
Nevermind it's 6.5 times as much as it was when he took office... it went down!!
He will also claim that Trump is the culprit for the last 18 months of it's rapid rise.. and that Biden saved the day with his ingenious Inflation Reduction Act that saved us!
Because spending TRILLIONS of more dollars in a recession is the best way out of a recession!
Inflation is slowing, but it is still up higher than previous years by a lot. Creative headlines are fucking stupid people up.
Seran's the type of customer that falls for "sales" where the store marks shit up 30% and then puts it "on sale" for 10% off and then brags to his friends about what a killer deal he got because he's such a savvy shopper. Meanwhile the friends he's bragging about it to got the same item the week before the "sale" and paid noticeably less than Seran. But Seran continues to insist that he's the smart shopper of the group and that his friends don't know what they're doing or talking about.
Probably hasn't figured out why the local furniture store is having its 8th "Going out of business" sale within the past 2 years either.
The leaders of Congress on both sides of the aisle determined spending for individuals and businesses were key, Trump even signed the bill, are you mow saying they were wrong to think stimulus was needed to account for tens of millions being ill and out of work?
Also, oil is down 3.5% and Biden has stepped in to negotiate a resolution between the railway workers and their employers. Thank goodness for effective leadership
Since you brought it up, /you/ should be the one supporting your claims.
Strange way of saying you can't show your math.
You literally created this thread and throughout the entire thread, anytime oil is up, you claim it's Trump/Russia/big oil's fault, and anytime it goes down even .0000001% you claim it's because Biden is the greatest president ever, then decided that it's everyone else who needs to support their claims, but not you. :rofl:
I really wish you were trolling.
Oil closed down almost 4% today, erasing speculation gains earlier this week which ran against news of building oil inventories. Gasoline prices continue a downward trend as well, which should anger plenty of Conservatives.
I did: http://forum.gsplayers.com/showthrea...52#post2267952
Inflation is at a 40 year high.. 6.5x as much as it was when President Biden took office.
President Biden's "solution" to inflation is to spend more money.
SPOILER: That has never worked as a solution.
Yeah, it's called demand destruction baby doll. Oil companies massively price gouged the nation while it was flush with cash and raped tens of billions in profit quarterly for themselves, all at the cost of household budgets. Subsequently people stopped driving, started focusing on higher efficiency vehicles or started riding bikes. I acknowledge just how obvious it was that Big Oil destroyed it's own market, don't you?
He's a fucking retard... like a dog that gets beaten nearly to death, then doesn't complain when he gets slapped with a rod later on.
The Democrats suffer from beaten spouse syndrome. They won't realize till they've passed due to the insanity around them. Hopefully they all move to Illinois - because nothing will go wrong there...
https://www.yahoo.com/news/illinois-...121500362.html
"Illinois Becomes The First State To Pass "The Purge" Law"
If you live there.. I recommend leaving - now.
This is where the Republican party lives, trying to make their members terrified of constructive social reforms. The Purge? LOL. Judges have the ability to deny release pending trial to anyone they deem to be a threat to society. Meanwhile, in a society where being wealthy is the only way of not rotting in a cell until a hearing designed to prove guilt or innocence, how else do we show innocent until proven guilty? It's outstanding that another leg of the oligarchical power structure was knocked away in Illinois.
People calling this the purge law have never seen the Purge. I'm 100% in favor of not requiring bail for non-violent crimes for offenders that are not a flight risk.
People arrested for violent crimes (or any crime) can be held on a case by case basis depending on the judge. Eliminating cash bail means they are there until trial if the judge determines they are dangerous and/or a flight risk.
The crimes listed in the article are all violent criminal offenses.
Also I think comparing it to the Purge is pretty apt. If you can commit kidnapping then be back on the streets a few hours later then how is it much different than the purge? The few hours of inconvenience of being arrested and processed?
Because they won't be back on the streets? Previously, all these crimes had bail. Now they don't. They are either released if showing no threat or they are detained with no chance of release until trial. It actually makes it tougher to get out for many crimes because you had to have a more convincing argument to get a judge to deny bail, rather than raise the price. It is a case-by-case review of them, rather than one thing for every single offender regardless of the individual.
I'm pretty sure it is a bail bond company paying people to come up with this shit.
I'm just going by what the article said, which granted could be wrong, but it states the prosecution has to show "clear and convincing evidence" that the criminal is a threat to a specific individual. Before you only had to do that to deny bail or to raise the bail price, but now it will be standard to have the criminal released unless the prosecution can prove they are a threat to a specific individual, and if they killed someone via "drug-induced homicide" then the victim is already dead and it would be nearly impossible to prove the person is a threat to a specific individual unless they were trying to kill more than one person and another potential victim is still alive.
It is a yahoo.com article with a clearly slanted opinion based on the headline alone. It isn't explaining everything.
Yes, "clear and convincing" is less than you need to get a conviction in the first place. If you don't have clear and convincing, then you probably shouldn't have arrested that person because they aren't getting convicted.
As for the drug-induced homicide, it can be shown they are a threat to other people.
Got more info on the SAFE-T act. Those violent crimes, it lists as non-detainable are 100% detainable. The Governor made it clear there is no such thing as a non-detainable crime.
It has been clarified that anyone that violates probation will also be detained until trial for their new charges. Anyone that commits multiple offenses will also be held until trial.
And any charge that is considered "violent" doesn't necessarily require a prosecutor to provide "clear and convincing evidence", as a judge themself can make the determination. You could get a terrible judge that just lets people go, but they can already do that by setting bail to next to nothing. The only crimes that would need extra legwork by a prosecutor to detain are your non-violent offenses.
So again, this makes it harder for suspects of violent crimes to get back on the street right after arrest, because it is either they are released or they are staying in... And now there will be more room because all those non-violent suspects won't be stuck in jail for months waiting for trial.
Well yeah, I didn't take "non-detainable" in this context to mean they can't be detained at all, just that it was subject to this new cashless bail system.
Wouldn't a judge need to determine that based on the evidence the prosecution is providing though?
https://i.imgur.com/eKB2E7e.png
https://i.imgur.com/5LfHjyO.png
It's all Trump / Russia / Putin's fault, but certainly not Biden or democrats' fault, right?
https://www.cnbc.com/2022/09/13/infl...as-prices.html
It's ok. I'm sure this was Trump's fault...
Literally the headline of the news article I linked:
Inflation rose 0.1% in August even with sharp drop in gas prices
But in all honesty.. I knew you were unable to understand it.. which makes me the bad guy for picking on a legit retard.
And I'm ok with being the bad guy.
Naw dude, what makes you the retard is the fact you're debating a guy whose pointing out that headline inflation dropped month over month by pointing out a number which is just a subset of the overall CPI. You can come back to big kids table when you research and figure out the difference.
Yeah, you're definitely right about being wrong about headline inflation. I appreciate just how much of a diehard you are in proving how right you are on a topic by using irrelevant data! Takes a real weekend warrior, short bus type to declare their own post regarding headline inflation is wrong, then to back it up with a news article which at it's key points indicates it wasn't referring to headline inflation!
Quote:
The consumer price index increased 0.1% in August. Excluding food and energy
Imagine reading only what you want to read and being too stupid to read the rest. Let's put the full quote of what you cherry picked:
Quote:
The consumer price index increased 0.1% in August. Excluding food and energy, the inflation gauge rose 0.6%, both higher than expected.
Tell us again how great Biden is.
https://i.imgur.com/5LfHjyO.png
Imagine you are the dumbest person in the world... oh wait, you don't have to. You live it every.single.day.
What are the 3 measures of inflation?
Here are four ways to measure it:
- The Consumer Price Index (CPI)
- CPI, less food and energy.
- Personal Consumption Expenditures (PCE)
- Personal Consumption Expenditures excluding food and energy or “Core PCE”
Really impressed with PB, never before have I ran across a guy who'd explain the color of the sky is derived from the hardness of the pavement.
Really not impressed with Seran. Never before have I run across a "guy" who had the most simple concept dumbed down to a 3rd grade level and he still sticks to his original stupidity.
I told you that I honestly didn't believe you would be able to understand it... and I was 100% correct.
I'm not impressed with the attempts to insult me out of my confidence, how childish. Lol
"inflation rate month to month was just up an inch." -President Biden
We're now measuring inflation in inches, since every other metric shows recession.
But at least even President Biden said inflation was up. Now we just need to get Seran on the same page.
Actually there is a very good video somewhere on youtube that talks about why America did not go metric. It has everything to do with the tooling in factories before and during WWII. Something about easily divisible by 2, which it is. I personally think we could get around that, since most every other country has, but oddly there are still in a lot of places that still use imperial for machining in countries that are all metric.
Wow, oil opened with a mighty whimper this morning, crashing $5.00 after the bell and sitting just over the $78 mark. Between the inventory report showing unexpected inventory growth, additional large Fed rate action meant to curb inflation and Europe renewing their nuclear energy commitments, all combined with ongoing demand destruction here in the US. Hope this downward trend continues.
So do I, it only proves that the current Democrat agenda is to wreck the US.
Here's the Democrat lawmaker, Tlaib, encouraging bank runs if banks don't stop funding oil and gas products:Quote:
Dow tumbles nearly 600 points into bear market territory, sets a new low for the year.
https://www.youtube.com/watch?v=4wK2eLt69a8
We currently have the highest housing inflation rate in 40 years.Quote:
Big U.S. banks' prime rate soars to highest since 2008 financial crisis
When your only unit of measurement is the profit margins of Big Oil be protected, it's not hard to see your bias. Personally, common sense and basic economics shows that less money spent on gasoline, or energy premiums priced into the majority of other goods and services means more money available for the economy as a whole.
"In order to meet our goal we have to stop producing fossil fuels RIGHT THIS MINUTE!"
So...since we didn't stop fossil fuels "right this minute" that means the planet is already doomed right? They can just sit back and shut the fuck up and let us all enjoy our last days on earth with as many luxuries as possible.
Oh...wait...what's that? Suddenly the end of the world won't happen and in a year from now we will have another "RIGHT THIS MINUTE!" chance to stop producing fossil fuels to ensure we don't bring about the end of the world? So weird how that works.
I'm sure you only disbelieve the amount of price manipulation evident on the stock exchanges trading oil contracts because it doesn't fit your narrative, but the amount of oil the United States produces is a significant percentages of the world supply and every time oil is choked off here by private industry, it has worldwide repercussions.
The good news is oil closed down well over 5% and closed at $79 a barrel today. Gasoline fell almost as much at 4.75% to $2.37 a gallon wholesale. Consumers are rejoicing.
No code has to be inserted here.
Oil being so worthless producers had to pay refineries to take it. Hillary being cleared of wrongdoing. Massive tax cuts, before Trump spending more in a year than has even been spent in our history. Hundreds of thousands dying. Trump campaign staff and administration officials being sent to prison. A trade war with China..
Yeah, Trump really was absolutely the most ineffectual president ever.
Again you only blame private industry while ignoring Democrat policies that force speculators to increase prices.
Democrats campaigned on eliminating fossil fuels, speculators have no choice but to adapt to that, Democrat policies are dependent upon speculators increasing prices. It's literally the driving force behind reducing fossil fuel usage.
Democrats promised energy/environmental policies created the inflation, interest rate increases, stock market crash and recession.
Quit pretending this isn't what you voted for.
For months Biden has explicitly been taking credit for gas prices dropping, even going so far as to say that him selling oil to China was lowering prices and that he wasn't even done yet in lowering prices.
Now that gas prices are going back up he is accusing oil companies of price gouging.
Funny how that works. I'm sure blaming Putin and Trump will be back on the menu soon.
Seran listening to Biden blame it on oil companies:
https://media.tenor.com/P5_hF2KzfqEAAAAC/uhhuh-clap.gif
In unrelated news:
https://i.imgur.com/2j9Zepx.png
Oil prices are down 40%, but gas prices haven't fallen anywhere close to that. Due to price gouging, duh. One day the GOP will realize it's war against basic fact, economics and science is a losing position.
Oil is up to fucking 4.55/gallon in my area today. It has gone up almost 1.5 dollars a gallon in the past 30 days. It's almost the highest it has ever been, and the previous record was set just a couple of months ago.
Fuck you, Biden, you fucking useless, racist, sexist, piece of fucking shit.
fuel or actual lubricant oil... 4.55 is probably what i'd expect for a quart. getting a gallon for 4.55 would be okay with me.
I know the intent I'm just being a dumb troll cause why not at this point.
OPEC+ followed through with it's weeks long threat to slash production, which has seen oil price surge to more than $85 per barrel, up some 15% since they announced the tentative 2 million bpd cut. Biden has the Department of Energy researching the effects of an emergency embargo on gasoline, diesel and other distillate sources, as a result of those prices failing to come down despite oil being down more than 40% overall from peak highs.